Depreciation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 April 2014
Is there any possibility for charging deprecation drills, taps, gauges for cnc(lathe)machine which is cost Rs.5000/- and it's life may be an around 6 months to 12 Months OR find any suitabl
04 April 2014
since it is below 5000 it is better u write it off fully as exp in profit n loss statement.
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